Equity Lifestyle director receives stock grants

Papandreou Radhika reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Papandreou Radhika reported acquisition or exercise transactions in this Form 4 filing.

Equity Lifestyle Properties director Radhika Papandreou reported two equity awards in the form of common stock on April 28, 2026. She received 2,316 shares and a separate award of 120 shares of common stock, each priced at $62.60 per share.

The awards are described as restricted stock subject to time-based vesting, with portions scheduled to vest on 10/28/26, 4/28/27, and 4/28/28. Following these grants, she holds 7,356 shares of Equity Lifestyle Properties common stock directly.

Insider Trade Summary

Grant/Award: 2,436 shares

Grant/Award 2 txns

Insider Papandreou Radhika

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $.01	2,316	$62.60	$145K
Grant/Award	Common Stock, par value $.01	120	$62.60	$8K

Holdings After Transaction: Common Stock, par value $.01 — 7,356 shares (Direct)

Footnotes (2)

1. F1. Grant of restricted stock subject to vesting as follows: 1/3 on 10/28/26, 1/3 on 4/28/27, and 1/3 on 4/28/28
2. F2. Grant of restricted stock subject to vesting on 4/28/27

Key Figures

Grant size 1: 2,316 shares Grant size 2: 120 shares Grant price: $62.60 per share +3 more

6 metrics

Grant size 1 2,316 shares Restricted common stock grant on 2026-04-28

Grant size 2 120 shares Additional restricted common stock grant on 2026-04-28

Grant price $62.60 per share Per-share value used for both restricted stock grants

Post-transaction holdings 7,356 shares Director’s direct common stock holdings after reported grants

Vesting dates (tranche grant) 10/28/26, 4/28/27, 4/28/28 Vesting schedule for one restricted stock grant

Single-date vesting 4/28/27 Vesting date for another restricted stock grant

Key Terms

restricted stock, vesting, par value $.01

3 terms

restricted stock financial

"Grant of restricted stock subject to vesting as follows"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

vesting financial

"subject to vesting as follows: 1/3 on 10/28/26"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

par value $.01 financial

"Common Stock, par value $.01"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did director Radhika Papandreou report for ELS in this Form 4?

Director Radhika Papandreou reported receiving two grants of Equity Lifestyle Properties common stock on April 28, 2026, totaling 2,436 shares. The awards are structured as restricted stock subject to time-based vesting over multiple future dates.

How many ELS shares did Radhika Papandreou acquire in the reported transactions?

Radhika Papandreou acquired 2,316 shares in one grant and 120 shares in another, both on April 28, 2026. Each award involved Equity Lifestyle Properties common stock priced at $62.60 per share, characterized as restricted stock grants.

What is Radhika Papandreou’s ELS shareholding after these grants?

After the reported restricted stock grants, Radhika Papandreou directly holds 7,356 shares of Equity Lifestyle Properties common stock. This figure represents her reported post-transaction ownership position in the company’s common stock as disclosed in the filing data.

Are the ELS stock grants to Radhika Papandreou subject to vesting?

Yes, the stock grants are restricted stock subject to vesting. The filing notes portions vesting on 10/28/26, 4/28/27, and 4/28/28, with an additional grant vesting on 4/28/27, reflecting time-based vesting conditions.

What price was used for the ELS restricted stock grants to Radhika Papandreou?

Both restricted stock grants to Radhika Papandreou used a per-share value of $62.60 for the common stock. One grant covered 2,316 shares and the other 120 shares, all in Equity Lifestyle Properties common stock, par value $.01.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/30/2026 - 04:08 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Papandreou Radhika

(Last) (First) (Middle)

C/O EQUITY LIFESTYLE PROPERTIES, INC.

TWO NORTH RIVERSIDE PLAZA, SUITE 800

(Street)

CHICAGO ILLINOIS 60606

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EQUITY LIFESTYLE PROPERTIES INC [ ELS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $.01	04/28/2026		A		2,316(1)	A	$62.6	7,236	D
Common Stock, par value $.01	04/28/2026		A		120(2)	A	$62.6	7,356	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Grant of restricted stock subject to vesting as follows: 1/3 on 10/28/26, 1/3 on 4/28/27, and 1/3 on 4/28/28

2. Grant of restricted stock subject to vesting on 4/28/27

Remarks:

	Jennifer Krebs by Power of Attorney for Radhika Papandreou	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)